Shri Param Hans Advait Mat Ontario

Analysis

Shri Param Hans Advait Mat Ontario is a registered charity in United States, based in Tracy, CA. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Shri Param Hans Advait Mat Ontario reported income of $500k and spending of $341k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $457k to $500k (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shri Param Hans Advait Mat Ontario sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include The William S Baer School Partnership Board Inc ($499k), Baldwin Electric Membership Charitable Foundation Inc ($500k) and Ranch - Teammates for Life ($499k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $87k. At year end it held assets of $3.5m against liabilities of $4,548, net assets of $3.5m. It reported 7 employees.